David Tudor

David Tudor

Senior Director, UK Valuation & Advisory Services

+44 207 182 2689
david.tudor@cbre.com

Property values stable outside the retail sector

  • Further bad news from retailers and rumoured CVAs in the pipeline continue to undermine investor confidence in the retail sector.
  • Core locations and sustainable rents attract investors looking to de-risk. Vacant retail requires a development angle to attract interest.
  • Demand strongest for South East multi let industrial opportunities where rental growth prospects are perceived to be better.
  • Distribution units single let to retailers proving less attractive.
  • Central London looking quiet in Q1, much like last year, until political clarity emerges. Expectations are positive for the year as a whole.
  • Limited new stock in South East and regional markets with stronger interest in established town centre locations

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